RTG Mining Inc. Completes A$4.2 Million Placement

RTG Mining Inc. has announced the successful completion of its securities placement, raising approximately A$4.2 million. The company issued 169,297,750 Chess Depository Instruments at A$0.025 each to institutional investors. This announcement follows the firm's notification on March 31, 2025, regarding the Tranche 1 issuance. Foster Stockbroking acted as the lead manager for this placement.

The proceeds will be utilized strategically, with shareholder approval for Tranche 2 expected in May 2025. The placement was conducted under exemptions from securities law requirements, pending TSX approval.

This move aligns with RTG's ongoing efforts to advance projects like the Mabilo Project and consider new developments such as the Panguna Project in Bougainville. RTG leverages its expertise with seasoned management to navigate these initiatives.